Shravan Nune

Reliance Defence of Reliance Infrastructure Limited on 24 December 2015 entered into a partnership with Russia’s AlmazAntey for producing Air Defence Missile Systems.

A corporate agreement in this regard was signed on the sidelines of Prime Minister Narendra Modi’s two-day state visit to Russia.

Details of the Partnership

• It is aimed at fulfilling air defence missile systems, including the TOR-1M missile systems, and radar requirements of Indian armed forces.• The Cooperation will extend to deep upgrades modernization, repairs, execution of offsets, supply of spares, as well as research and development projects.• Defence Acquisition Council’s approval for acquisition of S-400 air defence missile systems is expected to create business opportunity of about 40000 crore rupees.• The partnership was entered into to boost indigenous defence production as part of the Union Government’s Make In India initiative.

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